Thoughts about creative trading

This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com.

Creative trading involves change.

Trading in general is changing all the time.

Change is creative by itself if managed properly.

Creative trading involves willingness to challenge; a willingness to take risks and step outside the judgements that summarize past experiences.

I was thinking today (before I decided not to trade for a day), that it could be useful to take the moment and reflect on the creative side of trading.

It made me realize that if we put together known parameters (a trading strategy) in such a way as to achieve an objective, then neither the known parameters, nor the way they are put together need to be new.

A good trader is the experienced trader. I have also come to realize that the average trader does not have the confidence to set out to create new concepts. They usually wait for them to evolve over time and then discover them as truths.

Usually at that moment it is too late, or those set of parameters do not work anymore.

Change something!

Be creative!

Colibri Trader

p.s.

Check out my article on Time and Why Is It Important For Traders

By Steve Burns

After a lifelong fascination with financial markets, Steve began investing in 1993 and trading his accounts in 1995. It was love at first trade. After more than 30 successful years in the markets, Steve now dedicates his time to helping traders improve their psychology and profitability. New Trader U offers an extensive blog resource with more than 4,000 original articles, online courses, and best-selling books covering various topics.